JSW STEEL share price has plunged 5% and is presently trading at Rs 315.
Meanwhile, the BSE METAL Index is at 11,847 (down 2.3%).
Among the top losers in the BSE METAL Index today is JSW STEEL (down 5.0%).
COAL INDIA (up 0.4%) is among the top gainer today.
Over the last one year, JSW STEEL has moved up from Rs 259 to Rs 315, registering a gain of Rs 56 (up 21.7%)..
The BSE METAL has moved down from 14,137 to 11,847, loss of 2,290 points (down 16.2%) during the last 12 months.
The top gainers among the BSE METAL Index stocks during this same period were JSW STEEL (up 16.4%).
The BSE Sensex is at 35,424 (down 0.1%). The top gainers among the BSE Sensex stocks today are INFOSYS LTD (up 1.7%). The most traded stocks in the BSE Sensex are SBI and COAL INDIA.
In the meantime, NSE Nifty is at 10,641 (down 0.1%). INFOSYS LTD (up 1.9%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 33,724 to 35,424, registering a gain of 1,700 points (up 4.7%).
JSW STEEL net profit stood at Rs 21 billion for the quarter ended September 2018, compared to a profit of Rs 18 billion a year ago. Net Sales rose 20.7% to Rs 215.5 billion during the period as against Rs 178.6 billion in July-September 2017.
For the year ended March 2018, JSW STEEL reported 83.4% increase in net profit to Rs 63.4 billion compared to net profit of Rs 34.6 billion during FY17.
Revenue of the company grew 18.1% to Rs 715 billion during FY18.
The current Price to earnings ratio of JSW STEEL, based on rolling 12 month earnings, stands at 0.8x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
More
Equitymaster requests your view! Post a comment on "JSW STEEL Plunges by 5%; BSE METAL Index Down 2.3%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!